# Table 4: Leave-One-Out Country Screen

Countries where dropping shifts Z₁ by more than 1 standard error.


## Z→CA baseline

Full sample Z₁ = 4.814 (SE = 12.131)
Influential countries: 0/162 (0%)

| Country | OECD | N dropped | ΔZ₁ | ΔZ₁/SE | Cook's D | p (LOO) |
|:---|:---|---:|---:|---:|---:|---:|

## Z→10y yield (OECD)

Full sample Z₁ = 39.055 (SE = 19.245)
Influential countries: 0/23 (0%)

| Country | OECD | N dropped | ΔZ₁ | ΔZ₁/SE | Cook's D | p (LOO) |
|:---|:---|---:|---:|---:|---:|---:|

## Z→gross_investment_gdp

Full sample Z₁ = 30.125 (SE = 12.580)
Influential countries: 0/159 (0%)

| Country | OECD | N dropped | ΔZ₁ | ΔZ₁/SE | Cook's D | p (LOO) |
|:---|:---|---:|---:|---:|---:|---:|

## Cross-Test Influence

Countries influential in 2+ tests:

None found across the tested specifications.
